NEWS
LOCAL CURRENCY HAD DROPPED TO 66.88Â US CENTS
September 6, 2019
The Bureau of Statistics' retail trade figures were significantly weaker than expected and paint a gloomy picture for consumer spending and the economy. The weak outcome was led by falls in clothing, footwear and personal accessories, cafes, restaurants and department stores.
CANVA'S PRIVATE MARKET VALUATION SOARS TO $4.7 BILLION
October 19, 2019
Australian graphic design software company Canva insists it has no short term plans for a stock market float after it raised a further $US85 million ($125 million) from private investors at a valuation of $US3.2 billion ($4.7 billion).
CHINA IS FORCING THE WORLD TO FIND NEW WAYS TO DEAL WITH IT
July 17, 2020
The word stew reflects the dilemma for governments facing a power that is no longer simply “rising.” The leadership under Xi Jinping believes China is now strong enough that it can forcefully assert its agenda both at home and abroad because it has reached the point it can withstand whatever penalties come its way.
JB HI-FI HAS SEEN SALES GROW 20% THROUGH THE PANDEMIC AS AUSTRALIANS STAYED HOME FOR WORK AND ENTERTAINMENT
June 12, 2020
JB Hi-Fi and The Good Guys have seen sales rocket through the coronavirus pandemic. JB Hi-Fi Australia revealed a 20% rise in sales between January 1 and May 31 2020, while The Good Guys - which it acquired in 2016 - reported a 23.5% increase during the same period.
